Shippers were put through the wringer during the pandemic, suffering from a combination of high rates and low service levels, but they took back pricing power in 2022. Last year was more of the same: a loose transportation market where shippers set the agenda and locked in meaningful year-over-year savings without much trouble.
The question is: Where do we go from here? Where do shippers believe the market is headed, how are they planning for the future, and what does the data tell us about the state of supply, demand and pricing in the freight market?
This white paper provides a recap of the 2022–2023 freight cycle, analyzes current shipper sentiment based on a recent survey and provides a freight market outlook for the rest of 2024 based on FreightWaves SONAR data.
Complete the form below to download the complimentary white paper.